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How much money should you have before starting an LLC?

Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an initial formation fee. Many states also impose ongoing fees, such as annual report and/or franchise tax fees.

How do I set up an LLC in Washington state?

The biggest difference between a PLLC and a traditional LLC in Washington is that a PLLC has stricter state regulations than an LLC.

How much does it cost to get an LLC in Washington state?

Mail filings: In total, mail filing approvals for Washington LLCs take 7-8 weeks. This accounts for the 5-6 week processing time (25-30 business days), plus the time your documents are in the mail. Online filings: In total, online filing approvals for Washington LLCs take 2-3 weeks (12-14 business days).

How much does it cost to set up an LLC in Washington state?

What do you need to start an LLC in Washington State? To start a limited liability company in Washington, you need a unique business name, a registered agent with a Washington address, and to file a certificate of formation with the Secretary of State.

What documents do I need to start an LLC in Washington state?

If your business already earns a profit or if it carries any risk of liability, you should start an LLC immediately. Many folks say you should form an LLC once you earn over $100,000. However, many lawyers insist you start an LLC from the get-go.